Distribution of Dividends

RNS Number : 6074M

Toyota Motor Corporation

12 May 2020

 

[ R e f erence Translation]

T o Whom It May Concern:

May   12 , 2020

C ompany Name: TOYOTA MOTOR CORPORATION Name and Title of Representative:

A k i o Toyoda, President

( C ode Number: 7203

First Section of Tokyo Stock Exchange

and Nagoya Stock Exchange )

N ame and Title of Contact Person:

Kaname Shimizu, General Manager,

Accounting Division

( T elephone Number: 0565-28-2121)

N otice Concerning Distribution of Dividends from Surplus

A t a meeting held on  May   12 ,  2020 , the Board of Directors of Toyota Motor Corporation ("TMC") resolved to distribute dividends from surplus, with record date dated March 31 , 2020 .    In relation to the above, we hereby inform you of the following:

1.  Details of dividends

(1)  Common shares

	Year-end dividend f or FY 2020	M ostrecent dividendforecast	Year-end dividend paid f or FY 2019
R ecord d a t e	March 31 , 2020	March 31 , 2020	March 31 , 2019
Di vidend pershare	120 . 00 yen	-	120 . 00 yen
T o t al amountofdividends	331,938 m illi on yen	-	339,892 m illi on yen
E f f ective date	May 28 , 2020	-	May 24 , 2019
S ource of dividends	R etained earnings	-	R etained earnings

[Reference]  Details of dividends per common share through the fiscal year

R ecord date	Di v i dends forFY 2020   ( ended March 31, 2020 )	Di v i dends forFY 2019   ( ended March31, 2019 )
End of interimperiod	100 . 00 yen	100.00 yen
E ndof fiscal period	120.00 yen	120.00 yen
T o t al	220.00 yen	220.00 yen

(2)  First Series Model AA Class Shares

	Year-end dividend f or FY 2020	M ostrecent dividendforecast	Year-end dividend paid f or FY 2019
R ecord d a t e	March 31 , 2020	March 31 , 2020	March 31 , 2019
Di vidend pershare	132.00 yen	-	105.50 yen
T o t al amount ofdividends	6,217 m illi on yen	-	4,969 m illi on yen
E f f ective date	May 28 , 2020	-	May 24 , 2019
S ource of dividends	R etained earnings	-	R etained earnings

[Reference]  Details of dividends per First Series Model AA Class Share through the fiscal year

R ecord date	Di v i dends forFY 2020   ( ended March 31, 2020 )	Di v i dends forFY 2019   ( ended March31, 2019 )
End of interimperiod	132.00 yen	105.50 yen
E ndof fiscal period	132.00 yen	105.50 yen
T o t al	264.00 yen	211.00 yen

2.  Reason for the dividend amount

TMC deems the benefit of its shareholders as one of its priority management policies, and it continues to work to improve its corporate structure to realize sustainable growth in order to enhance its corporate value.

TMC will strive for the stable and continuous payment of dividends considering a consolidated payout ratio of 30% to shareholders of common stock as an indication. In addition, TMC will pay a prescribed amount of dividends to shareholders of First Series Model AA Class Shares.

In order to survive tough competition, TMC will utilize its internal funds mainly for the early commercialization of technologies for next-generation environment and safety, giving priority to customer safety and security.

Considering these factors, with respect to the dividends for this consolidated fiscal year , TMC has determined to pay a year-end dividend of 120 yen per common share and as a result, the annual dividend will be 220 yen per common share when combined with the interim dividend of 100 yen per common share.

In addition, TMC has determined to pay a year-end dividend of 132.00 yen per First Series Model AA Class Share in accordance with a prescribed calculation method and as a result, the annual dividend will be 264 yen per share when combined with the interim dividend of 132.00 yen per share.

-End-

 

END

 

 

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